Page 64 - Development Berhad News Today

Najib, who is serving a 12-year prison sentence for his graft conviction in 2022, was acquitted by the Kuala Lumpur High Court on charges of abusing his power by tampering with an audit on the scandal-ridden sovereign wealth fund in 2016.

KUALA LUMPUR: The acquittal of former prime minister Datuk Seri Najib Razak in the 1Malaysia Development Berhad (1MDB) audit report tampering trial is not only a victory for him but also for the whole family, says Datin Seri Rosmah Mansor. She said the court’s decision on Friday (

A Malaysian court acquitted former prime minister Najib Razak and the former CEO of scandal-linked state fund 1MDB of corruption charges linked to a 2016 government audit into the fund

Malaysian former Prime Minister Najib Razak has been acquitted in the latest trial in response to the multibillion-dollar looting of the 1Malaysia Development Berhad state fund

Najib’s counsel, Shafee, hopes AGC won’t appeal against acquittal. 

Before it pushes through with the establishment of a Maharlika Investment Fund, the Philippines should learn from Malaysia’s experience in dealing with a financial scandal that involved its former leader and private financial institutions, visiting Malaysian Prime Minister Anwar Ibrahim said yesterday.

KUALA LUMPUR: A Malaysian court on Friday acquitted jailed former prime minister Najib Razak of audit tampering in one of the many cases he faces over a multi-billion-dollar corruption scandal at state fund 1Malaysia Development Berhad (1MDB).

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/jailed-malaysia-ex-pm-najib-acquitted-in-latest-1mdb-trial/"></div>KUALA LUMPUR, Malaysia (AP) — Malaysian former Prime Minister Najib Razak was acquitted Friday in the latest trial in response to the multibillion-dollar looting of the 1Malaysia Development Berhad state fund. Najib, who is serving a 12-year prison term after losing the final appeal in his first of several corruption trials li...

China's attempts to influence the 2018 Malaysian election were unsuccessful. But it may be learning from its failures.

KUALA LUMPUR, March 2 — Former BSI Singapore banker Kevin Michael Swampillai said he and other colleagues had raised their suspicions about 1Malaysia Development Berhad (1MDB)...